Recent comments by the heads of the Federal Reserve and European Central Bank moved the markets. Federal Reserve Chairman Benjamin Bernanke spoke plainly and clearly and yet was nearly universally misunderstood, but the market tended to like what it thought he was saying. In contrast, ECB President Jean-Claude Trichet was perfectly understood and …

Bernanke and Trichet: Comedy or Tragedy?
Reviewed by magonomics
on
June 08, 2008
Rating: 5